Despite unique economic conditions and a global health crisis, the real estate market in Macon County has demonstrated continued resilience through unprecedented times, thus promoting the health of our local economy. And looking ahead, the national real estate industry is projected to be a strong driver for wide economic recovery.
But to measure where we’re going and what trends to expect, it’s important we take stock of where we’ve been. Here’s a break-down of the Macon County residential real estate landscape for 2020.
Last year, our local real estate market wielded an increase of 21% in total dollar sales volume and 14% in units sold. This was tantamount to an increase of approximately $1.5 million in dollar volume and 200 more homes being sold.